Is KANCHAN LEELA HOMES in Indore registered with MP RERA?

Yes, KANCHAN LEELA HOMES is an official MP RERA registered project (Registration No: P-IND-24-4524). The project is promoted by AMRIT BEN SHAH and is currently marked as ONGOING.

Who is the developer of KANCHAN LEELA HOMES?

KANCHAN LEELA HOMES is developed by AMRIT BEN SHAH, an active real estate promoter in Indore, Madhya Pradesh.

KANCHAN LEELA HOMES | MP RERA Project Intelligence & Guideline Benchmark

★Are you the official developer or sales mandate for KANCHAN LEELA HOMES?

Data Provenance

Registration No

P-IND-24-4524FACT

Project Name

KANCHAN LEELA HOMESFACT

Status

ONGOINGFACT

Promoter

AMRIT BEN SHAHFACT

Locality Link

UNMATCHEDNOT ASSESSED

Coordinates

Not available from sourceNOT ASSESSED

Last verified: 15 Aug 2026 · Source ↗

1. Project IdentityFACT

Official statutory registration record

Project NameFACT

KANCHAN LEELA HOMES

Registration NumberFACT

P-IND-24-4524

Project StatusFACT

ONGOING

Project Type (Portal)FACT

New

First Seen in IndexDERIVED

15/8/2026

Last CrawledDERIVED

15/8/2026

2. Regulatory Economics & EscrowFACT

Project budget, land ownership, and escrow details

Planning AreaFACT

Indore

Land OwnershipFACT

Land Owned by (1)Amrit Ben Shah D/o Kachrabhai Shah(2) Dilip shah S/o Shri Zaverchand shah (3) M/s Twins Buildtech Pvt. Ltd. Mrs. Amrit Ben Shah has entered into Development Agreement with other Landowners.

Estimated Land CostFACT

₹730.46 Lakh

Estimated Construction CostFACT

₹325 Lakh

Construction Cost / UnitDERIVED

₹1.52 Lakh

Across 214 registered units

Postal PincodeFACT

—

Source: MP RERA Form B / project detail disclosure. Cost per unit is derived from estimated construction cost divided by total registered units.

3. Inventory & AbsorptionDERIVED

Category-level unit allocation and absorption rate

214Total Units

SOLD UNITSFACT

15 (7.01%)

REMAINING UNITSFACT

199 (92.99%)

ABSORPTION RATEDERIVED

7.01%

Mahanka inventory observation: The statutory registry records 214 registered units, with 15 sold and 199 remaining.

Unit Category	Group	Total Units	Sold	Remaining	Absorption
E.W.S Residential Plot	Plot	17	0	17	0%
L.I.G Residential Plot	Plot	11	0	11	0%
Residential General Plots	Plot	182	15	167	8.24%
Shop Cum Residential Plots	Plot	4	0	4	0%

4. Project Timeline & Delivery StatusDERIVED

Factual progress relative to today's date

ON SCHEDULE

Proposed StartFACT

2023-07-01

Proposed CompletionFACT

2026-08-31

Project AgeDERIVED

1154 days

Days to CompletionDERIVED

3 days remaining

5. Location & Micro-Market ResolutionMATCHED

Gazette revenue village and locality matching

DistrictFACT

Indore

TehsilFACT

—

Village / Locality (Source)FACT

—

Khasra NumberFACT

—

Address TextFACT

Land Bearing Kh no. 444 (after Batankan 444/1 and 444/2) , 448/1, 448/2, 448/3, 448/4,448/5, 448/6, 448/7,admeasuring 2.396 Hect, At village Bada Bangarda, Tehsil & Dist. Indore

Matched LocalityMATCHED

Bada Bangarda

Tier: PROBABLE (0% conf.)

6. Promoter Delivery Track RecordDERIVED

Normalized corporate footprint across MP

Promoter EntityFACT

AMRIT BEN SHAH

Entity TypeFACT

Individual

AMRIT BEN SHAH1 Total Indexed Projects

COMPLETED0

ONGOING1

EXTENDED0

OVERDUE0

Portfolio Absorption: 7.01% across 214 registered units.

7. IGRS Statutory Guideline BenchmarkMATCHED

Official MPIGR Collector Circle Rates for micro-market

Guideline rates are displayed only when a project is linked to an official revenue locality with an EXACT or STRONG match tier. This project currently holds an unverified locality link.

9. Observable Risk & Delay SignalsINFERRED

Independent regulatory observations (not a composite score)

Proposed Completion Date PassedNO

Formally Extended by AuthorityNO

High Remaining Inventory on Overdue ProjectNO

Project Age Over 5 YearsNO

Each marker represents an independent observable signal from public filings. Mahanka does not aggregate these into a speculative score.

10. Indexed Statutory DocumentsFACT

116 categorized public files

FINANCIAL(1)

📄 Engineer's Certificate

LAYOUT_PLAN(1)

📄 Sanction Layout Plan

APPROVAL(4)

OTHER(52)

REGISTRATION(2)

ALLOTMENT(1)

📄 Draft Agreement

PHOTOGRAPH(19)

11. Longitudinal Change LedgerFACT

Immutable audit trail of regulatory updates

NEW_PROJECT15/8/2026

12. Data Completeness & MethodologyDERIVED

6-gate statutory completeness audit

100%Completeness Index

promoterPRESENT

timelinePRESENT

documentsPRESENT

inventoryPRESENT

project locationPRESENT

registration numberPRESENT

Formula Version: 1.0.0

Audit Timestamp: 2026-08-15T20:41:22.193Z

Guideline rate benchmark is withheld because locality match is not EXACT or STRONG.
Coordinates are not published by MP RERA and are not invented.
Derived metrics & timeline classifications are Mahanka analytical models, not statutory certifications.

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Official Regulatory Source

This record was extracted from the public Madhya Pradesh Real Estate Regulatory Authority (MP RERA) registry.

View on MP RERA Portal

Source System:MP RERA Public Register

QA State:VERIFIED PUBLIC RECORD

City Directory

Explore all registered developments, townships, and commercial hubs in Indore.

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Institutional Capital, Legal & Risk Suite

Acquisition Readiness & Asset Structuring for KANCHAN LEELA HOMES

Live borrowing capacity, exact stamp dues, and institutional protection underwriting.

Loan-to-Value (LTV):

Tenure:

Benchmark Rate:8.5% p.a.

Max Loan Sanction (80% LTV)

₹ 60,00,000

Collateral Base: ₹ 75,00,000

Indicative EMI (20 Yrs @ 8.5%)

₹ 52,069 / mo

Principal + Interest Component

Total Upfront Cash Required

₹ 23,02,500

20% Margin (₹ 15,00,000) + Govt Dues (₹ 7,87,500) + Legal Vetting (₹ 15,000)

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